Lucintel Forecasts Thermal Management Market to Grow at a CAGR of 7%-9%

Lucintel

According to the recent study the thermal management market is projected to grow at a CAGR of 7%-9% from 2020 to 2025. Growth in this market is primarily driven by growing usage of electronic devices in various end use industries, increasing demand for thermal management solutions and systems for in consumer electronics, and increasing radical miniaturization of electronic instruments.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in thermal management market by material (adhesive materials and non-adhesive materials), device (conduction cooling devices, convection cooling devices, advanced cooling devices, and hybrid cooling devices), service (installation & calibration and optimization & post-sales support), end use industry (aerospace & defense, automotive, servers & data centers, consumer electronics, enterprises, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Non-adhesive material market is expected to remain the largest segment during the forecast period.”

Based on material, the thermal management market is segmented into adhesive materials and non-adhesive materials. Lucintel forecasts that the non-adhesive materials market is expected to remain the largest segment over the forecast period due to their wide usage in consumer electronics, such as computers, laptops, and other handheld devices, such as tablets.

“Within the thermal management market, the convection cooling device segment is expected to remain the largest application”

Based on application, the convection cooling device segment is expected to witness the largest segment by application over the forecast period due to increasing demand for use in electronic components and electronic circuits.

“Asia Pacific will dominate the thermal management market in near future”

Asia Pacific is expected to be the largest region over the forecast period due to increasing demand for consumer electronics devices and existence of a large number of chip manufacturing companies in countries, such as China, Taiwan, and South Korea.

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Major players of thermal management market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Honeywell International, Aavid Thermalloy, Vertiv, European Thermodynamics, Advanced Cooling Technologies, Henkel, Laird, Delta Electronics, Parker, and Master Bond are among the major thermal management providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/thermal-management-market.aspx or [email protected]

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751

Lucintel

Thermal Management Market Size, Trend, Growth and Share Estimation Analysis

RNC Valuecon 2022-12-09

Both top-down and base up methodologies have been utilized to assess and approve the market size of the Thermal Management market, to gauge the Thermal Management size of different other ward submarkets in the general market. Central participants contend in the Worldwide market are – · Delta Electronics, Inc. To look at possibilities in the Thermal Management market for shareholder by recognizing excessive-growth segments of the market. , Canada, Mexico)· Europe (U. , France, Germany, Spain, Italy, Central & Eastern Europe, CIS)· Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)· Latin America (Brazil, Rest of Latin America)· The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)Top Points Covered in the Global Thermal Management Market: · Industry Overview of Global Thermal Management Market;· Classification, Specifications and Definition of Thermal Management Market Segment by Regions;· Process and Structure· Research Findings/Conclusion, Thermal Management deals channel, traders, distributors, dealer’s analysis;· Complete Market Research, Capacity, Sales and Sales Price Analysis with Company Segment;· Analysis of Regional Market that contains the United States, Europe, India, China, Japan, Korea & Taiwan;· Thermal Management Market Analysis by Major Players, The Thermal Management Segment Market Analysis (by Type) and (by Application);· Regional Market Trend Analysis, Market Trend by Product Type and by Application:· Supply Chain Analysis, Regional Marketing Type Analysis, Global Trade Type Analysis;· The Global Thermal Management industry consumers Analysis;· Appendix and data source of Thermal Management market.

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